Latest from Sammy Hudes
Tariffs could force 'rebalancing away' from U.S. for oil exports, says Cenovus
The threat of U.S. tariffs on Canadian energy won't affect planned spending by Cenovus Energy Inc., but the company says such levies may prompt a "rebalancing away from the United States" when it comes to where it ships its oil.
Toronto home sales expected to rise 12% this year, but board says January saw drop
The Toronto Regional Real Estate Board says it is forecasting a 12.4 per cent increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.
Vancouver real estate market shifting as more sellers enter market, January sales up
The rate of home sales is rising along with the number of home being put up for sale, says
Canadians finding homes too expensive in cities where they seek jobs, says housing agency
Canada Mortgage and Housing Corporation says high housing costs are restricting population mobility in the country, as Canadians are finding that it's too pricey to buy or rent in cities where they seek jobs.
Ericsson announces funding boost for R&D centres through partnership with Ottawa
Wireless networking technology company Ericsson Canada says it is expanding a previously announced partnership with the federal government through a combined investment of more than $630 million in research and development centres.
TTC ending free Wi-Fi in subway stations by end of year
The Toronto Transit Commission (TTC) is ending free public Wi-Fi at its subway stations at the end of the year, citing a steep drop in rider usage along with reliability, security and cost concerns.
GTA home sales down 16% in June despite interest rate cut: TRREB
The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.
Report expects Canadian home prices to hit record highs in 2026
The latest report by the Canada Mortgage and Housing Corporation is forecasting record high housing prices and low vacancy rates as supply fails to meet demand across the country.
Toronto-area home sales down in March, competition hikes prices up: board
The Toronto Regional Real Estate Board says Greater Toronto home sales in March were down 4.5 per cent from last year, but there was enough competition between buyers that the average home price rose moderately year-over-year.
Housing minister warns against resistance to ending exclusionary zoning
Canada's housing minister is warning that municipalities without a ban on exclusionary zoning will not succeed with applications for federal housing accelerator funding.